01-jul-2010
HOLD OUR SHORT POSITION IN TATAMOTORS SL-797.TCS SL-763.ICICIBANK WEAK BELOW 850 SL-864.
Booked profit in ICICIBANK 837(12). TCS @ 732(18).TATAMOTORS 762 EXIT
Nifty near by my first level @5213. Today made low nifty around 5242 I initiate selling in nifty @5353 lvl . Still nifty Remain Weak, Nifty future test around 5213 -5160levels.
Yesterday i recommend buy 5100PE @55. Today hit 72.
target is still waiting 75 - 90lvl.
Tatamotor looking weak below 777. i recommended buy 720PA @12 Tgt 17.5 - 23.
Happy Trading,
Uthayakumar.K
